Puravankara Associate Secures RERA Nod for Northern Lights Project in Bengaluru

Puravankara Limited ( (IN:PURVA) ) has provided an update.

Puravankara Limited has announced that its associate, KVN Property Holdings LLP, has obtained Karnataka Real Estate Regulatory Authority registration for a new residential project, “Northern Lights by Puravankara KVN,” located in the Hitech, Defence and Aerospace Park area of North Bengaluru. The project is structured in three phases, all registered under KRERA, and is aimed at the domestic residential market, signalling an expansion of Puravankara’s presence in a high-growth micro-market and adding to its project pipeline in Bengaluru.

The development is scheduled to launch on 14 March 2026, reflecting the company’s continued focus on regulated, compliant residential offerings under India’s RERA framework. This launch is expected to strengthen Puravankara’s operational footprint in Bengaluru’s urban housing segment and may enhance its positioning among stakeholders by leveraging demand in a strategically important defence and aerospace corridor.

More about Puravankara Limited

Puravankara Limited is an Indian real estate developer focused on residential projects, operating through subsidiaries and associates such as KVN Property Holdings LLP. The company primarily targets the domestic housing market, with developments concentrated in key urban centres like Bengaluru, catering to middle- and upper-segment homebuyers.

Average Trading Volume: 73,524

Technical Sentiment Signal: Hold

Current Market Cap: 44.41B INR

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